PYMNTS News

CFOs Tell Banks What They Want From Working Capital Solutions. And It Isn’t Always the Best Rate
CFOs Tell Banks What They Want From Working Capital Solutions. And It Isn’t Always the...
November 06, 2024  |  CFO

It was former Intel CEO Andy Grove who once said, “How well we communicate is determined not by how well we say things, but how...

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LoanDepot Sees ‘Normalizing’ Lending Environment for Homebuyers
LoanDepot Sees ‘Normalizing’ Lending Environment for Homebuyers
November 05, 2024  |  Earnings

LoanDepot’s earnings showed growth in loan originations as interest rates fell, homebuyers looked to refinance, and the housing market has entered what management termed a...

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AI Startup Perplexity Set to Reach $9 Billion Valuation
AI Startup Perplexity Set to Reach $9 Billion Valuation
November 05, 2024  |  artificial intelligence

Perplexity, an artificial intelligence (AI)-powered search engine, is set to triple its valuation from a few months ago following its latest funding round. The company...

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Apple Faces Fine in First Charge Under EU’s Digital Markets Act
Apple Faces Fine in First Charge Under EU’s Digital Markets Act
November 05, 2024  |  Apple

Apple is set to receive a fine from the European Union’s antitrust regulators, the first company to be sanctioned under the bloc’s new Digital Markets...

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Malls Making a Comeback? Simon Property Group Says They Are
Malls Making a Comeback? Simon Property Group Says They Are
November 05, 2024  |  Retail

The mall, once seen as a relic of a bygone retail era, is once again gaining relevance — especially as younger consumers rediscover its value,...

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Yum! Brands Says It Took 2 Million Voice AI Orders in Q3
Yum! Brands Says It Took 2 Million Voice AI Orders in Q3
November 05, 2024  |  Restaurant innovation

In its Q3 earnings call on Tuesday (Nov. 5), Yum! Brands pointed to the more than 2 million orders through voice AI at its Taco...

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Tech Giants Bet Big Spenders Will Use Their Cameras Instead of Search to Find What They Want to Buy
Tech Giants Bet Big Spenders Will Use Their Cameras Instead of Search to Find What...
November 05, 2024  |  artificial intelligence

Google’s deployment of artificial intelligence (AI)-powered visual search tools signals Silicon Valley’s broader push to retrain consumers to find information through images rather than keywords...

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PYMNTS B2B Month: 4 Themes Set to Shape the Years Ahead
PYMNTS B2B Month: 4 Themes Set to Shape the Years Ahead
November 05, 2024  |  B2B Payments

Traditionally characterized by clunky checks, faxed invoices and siloed financial functions, the B2B landscape is being reshaped by digital innovation. The monthlong PYMNTS event, “B2B Payments:...

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Primark Owner Forecasts Uptick in Lower-Income Consumer Confidence
Primark Owner Forecasts Uptick in Lower-Income Consumer Confidence
November 05, 2024  |  Retail

The head of Associated British Foods has predicted rising confidence among lower-income consumers. As the Financial Times (FT) reported Tuesday (Nov. 5), George Weston made...

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